32 Marne Street, Hokowhitu, Palmerston North, Manawatu / Whanganui

Blending classic 1920s character with smart modern updates, this spacious Hokowhitu home is the ideal investment for those seeking a quality property with proven returns and long term potential.

Set on a 612m2 section and offering a generous 169m2 floorplan, the home features four bedrooms plus a separate study, an excellent layout for extra space to work or study from home. The modernised interior includes a well appointed kitchen, separate bathroom and toilet, and a dedicated laundry for added practicality. Gas infinity hot water ensures efficient, reliable living, always a tenant favourite.

Open plan living connecting to a private, sun filled deck and easy care backyard, offering a relaxed setting that appeals to a wide range of renters.

Located in highly sought after Hokowhitu, tenants benefit from close proximity to Palmerston North’s best schools, the city centre, PNGHS, PNINS, and local childcare options. This premium position ensures consistent tenant demand year round.

Currently returning $660 per week on a fixed term tenancy for 12 months, this property offers secure rental income from settlement day. The numbers speak for themselves, delivering an attractive approx. 5.45% gross yield.

This is a turnkey opportunity for investors looking to secure a strong performing property in a proven location.

House size – 169m2* Land size – 612m2* Age – 1921* Bedrooms – 4+ Bathrooms – 1+ Carport – 1

• Sourced from RPNZ, QV, PNCC & Horizons